Speculation over my future in Tata Motors annoying: Butschek

Updated: Mon, Aug 21, 2017
05:19 pm
PTI
RELATED NEWS
US lawmakers reintroduce legislation enforcing fair trade with China US lawmakers reintroduce legislation enforcing fair trade with China
Gold steady on global growth, Sino-U.S. trade worries Gold steady on global growth, Sino-U.S. trade worries
Global Markets: Asian shares dip, worries over growth and trade sour mood Global Markets: Asian shares dip, worries over growth and trade sour mood

Terming speculations over his future as Tata Motors MD and CEO in the wake of the changed leadership in Tata Sons as "annoying", Guenter Butschek today said he was hired purely on professional merit and not personal loyalty.

Butschek, the Airbus former COO, was appointed to lead the home-grown auto major in January last year by ousted Tata Sons chairman Cyrus Mistry.

There has been speculations over his continuation after the change of guard at Tata Sons, with some high-profile appointments by Mistry, including Rakesh Sarna of IHCL, leaving the Tata Group.

"The fact that I was recruited by the previous Tata Sons leadership has nothing to do with my loyalty to Tata Sons and Tata Motors," Guenter told

 

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)